Domestic Internet giants can no longer hold back, and Ant Group has officially launched a new public chain and entered the RWA track!
The former CEO of Ant Chain started a business and created a new public chain Pharos, and also brought in a group of technical development teams from the Ant Group.
It is precisely because of this team background that Pharos has established an exclusive partnership with Ant Group, focusing on RWA and bringing physical assets onto the chain.
The relationship between Pharos and Ants is similar to the relationship between Sui/Aptos and Meta.
Since domestic companies cannot build public chains, the technical team will be independent and build a public chain on their own.
Although it is not a public chain created by Ant itself in name, it is actually closely related to Ant and can be called a "direct lineage" project.
Let’s take a closer look at this new public chain of “China Power”. @pharos_network @0xJayZ @laurashen @wilguish 
1. Breakthrough of China's power policy dilemma
Consortium chains are very limited, and public chains are the future. Moving from consortium chains to public chains is an inevitable choice for domestic blockchain companies.
Public chains have long been regarded as a red line due to their decentralized nature and potential regulatory risks, and domestic companies can only build alliance chains that are more controllable.
In the field of alliance chains, the domestic big brother is Ant Group, whose Ant Chain has accumulated rich experience in scenarios such as supply chain finance and digital asset rights confirmation.
However, the limitations of alliance chains are becoming increasingly apparent: closed ecosystems, high collaboration costs, and the inability to connect with the global open source community make it difficult for them to carry out greater technological ambitions.
The birth of Pharos is a breakthrough in this dilemma.
The former CEO of Ant Chain led the core team to become independent and build a completely decentralized public chain, which not only avoided the policy risks of domestic companies directly getting involved in public chains, but also retained Ant's technological genes.
This “curve-saving” strategy is exactly the same as the path that Sui and Aptos took to become independent from Meta: the technical team separated from the parent company and participated in the global public chain competition as an independent entity.
This model not only provides China's blockchain industry with an opportunity to unleash its potential, but also opens a window for domestic technical forces to participate in the Web3 wave.
Therefore, the signals released by Pharos deserve our attention.
2. New public chain with ant genes
Pharos is not starting from scratch, but is a continuation of Ant Blockchain’s technological accumulation.
During Ant's seven years of development, its team has laid a solid foundation in high-performance blockchain design, distributed system optimization, and enterprise-level application implementation.
Pharos inherited this technological heritage and launched what is claimed to be the fastest EVM-compatible Layer-1 public chain, achieving an amazing performance of 50K TPS and 2 gGas/second.
This indicator not only surpasses Ethereum, but is also top-notch in the EVM ecosystem.
At the same time, Pharos chose the EVM-compatible route, which shows that it has fully considered the continuity of the ecosystem.
This not only lowers the threshold for Ethereum developers to migrate, but also facilitates the rapid access of global projects.
In the transformation from alliance chain to public chain, Pharos did not abandon Ant's technological advantages, but upgraded it to a global open source network.
Just imagine, what kind of product will be built when the high-performance technology accumulated by Ant in the alliance chain is combined with the openness of the public chain?
The narrative space here is very worth imagining.
3. Focus on RWA track
Pharos' strategic positioning focuses on physical assets (RWA), which is both an accurate grasp of global trends and a continuation of Ant's existing advantages.
As an emerging track of Web3, RWA's main goal is to digitize and release liquidity of real-world assets such as real estate, supply chain debt, and artworks through blockchain.
Ant Group has been investing in this field for many years, and its supply chain finance solutions and asset digitization technologies have a good reputation in the industry.
Pharos' exclusive partnership with Ant directly grafts this accumulation into the public chain ecosystem, providing very good conditions for the large-scale implementation of RWA.
Pharos can not only quickly enter the RWA market with the help of Ant's resources, but also complement Ant in technology and jointly explore diversified scenarios from supply chain finance to real-time payment.
More importantly, Pharos does not limit his vision to Ant, but uses it as a starting point and plans to expand to global institutions and enterprises.
Pharos is using RWA to leverage the next round of growth engine for blockchain.
4. Future Challenges
Pharos had a strong start.
Since its establishment, it has quickly completed an $8 million seed round of financing, and in early 2025, it launched a developer network, a global hackathon and a $20 million ecological funding program, demonstrating efficient execution.
The cooperation with Ant provides a guarantee for its short-term implementation, especially in the RWA field, where dozens of projects have expressed their intention to join.
However, we have to admit that the competition in the public chain ecosystem has become fierce.
Pioneers such as BNB and Polygon have already taken the lead in the market, and Pharos needs to find more differentiated advantages beyond performance.
On the other hand, the implementation of RWA involves a complex regulatory environment and acceptance by traditional institutions, which requires time and patient promotion through cross-border collaboration.
5. Summary
The birth of Pharos is the result of Ant Group's uncontrollable ambition.
It is also a new exploration made with the help of the RWA wave.
From the relaxation of Hong Kong policies to the entry of traditional Internet giants such as Ant, we can see that the overall environment is undergoing some changes.
Pharos is a new force for the global Web3 ecosystem. Let’s see what new things this new force will bring about.
